This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A Burbank California Special Warranty Deed from Individual to Individual is a legal document that transfers ownership of real estate property from one individual to another in the city of Burbank, California. This type of deed guarantees that the granter (seller) is the rightful owner of the property and guarantees protection against any defects in title that may have occurred during their ownership, but only for a specific period of time. The Special Warranty Deed is different from a General Warranty Deed as it limits the granter's liability to only the defects or issues that occurred during their ownership, thus providing a more limited warranty compared to the comprehensive protection offered by a General Warranty Deed. When considering this type of deed, individuals in Burbank should be aware of various subtypes or variations that may exist. These could include: 1. Burbank California Special Warranty Deed with Exceptions: This variation of the deed may include specific exclusions or exceptions to the warranty, such as existing liens, encumbrances, or claims on the property that existed before the granter acquired ownership. 2. Burbank California Special Warranty Deed for Estate Planning Purposes: This type of deed might be used when transferring property between family members for estate planning purposes. It ensures that the granter is providing a limited warranty while facilitating the seamless transfer within the family. 3. Burbank California Special Warranty Deed with Additional Covenants: This variation of the deed may include additional promises or covenants made by the granter, such as promises to defend against any claims made by third parties or to compensate the grantee (buyer) for any losses incurred due to defects in title. It is important to consult with a legal professional or real estate attorney when preparing or reviewing a Burbank California Special Warranty Deed from Individual to Individual. This will help ensure that the specific requirements and considerations of the transaction are addressed accurately and legally, safeguarding the interests of both parties involved.A Burbank California Special Warranty Deed from Individual to Individual is a legal document that transfers ownership of real estate property from one individual to another in the city of Burbank, California. This type of deed guarantees that the granter (seller) is the rightful owner of the property and guarantees protection against any defects in title that may have occurred during their ownership, but only for a specific period of time. The Special Warranty Deed is different from a General Warranty Deed as it limits the granter's liability to only the defects or issues that occurred during their ownership, thus providing a more limited warranty compared to the comprehensive protection offered by a General Warranty Deed. When considering this type of deed, individuals in Burbank should be aware of various subtypes or variations that may exist. These could include: 1. Burbank California Special Warranty Deed with Exceptions: This variation of the deed may include specific exclusions or exceptions to the warranty, such as existing liens, encumbrances, or claims on the property that existed before the granter acquired ownership. 2. Burbank California Special Warranty Deed for Estate Planning Purposes: This type of deed might be used when transferring property between family members for estate planning purposes. It ensures that the granter is providing a limited warranty while facilitating the seamless transfer within the family. 3. Burbank California Special Warranty Deed with Additional Covenants: This variation of the deed may include additional promises or covenants made by the granter, such as promises to defend against any claims made by third parties or to compensate the grantee (buyer) for any losses incurred due to defects in title. It is important to consult with a legal professional or real estate attorney when preparing or reviewing a Burbank California Special Warranty Deed from Individual to Individual. This will help ensure that the specific requirements and considerations of the transaction are addressed accurately and legally, safeguarding the interests of both parties involved.
